News

News

The Agence Française de Développement (AFD) is launching a new 30 M EUR Facility to assist with NDC implementation in 15 developing countries. 

This new NDC Facility will help countries:

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by Dr. (h.c.) Bill Hare, CEO & Co-Founder of Climate Analytics; Dr. Andrzej Ancygier, Deputy Head of Climate Policy Team; Laetitia De Marez, Head of Implementation Strategies; Paola Yanguas Parra, Climate Policy Analyst

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Nationally Determined Contributions (NDCs) submitted under the Paris Agreement create a strong signal for investors and companies looking for profitable investments in climate-resilient infrastructure. Combined with massive cost reductions and rising demand for sustainable agriculture and green buildings, the time has never been better to invest in climate business.

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Buildings currently account for a third of global energy use. That share will grow as populations urbanize and cities expand, and as increased incomes spur demand for services like air conditioning and computers.

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The Paris Agreement’s goal of staying under 2C equals roughly 800 gigatonnes CO2 equivalent (GtCO2 e) and 16 years remaining in the world’s carbon budget at current emissions rates.

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This March in Skhirat, Morocco, the NDC Partnership Steering Committee held an engaging first meeting with a diversity of countries represented.

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To date, 191 countries have submitted national climate commitments, or Nationally Determined Contributions (NDCs), to the United Nations under the Paris Agreement on climate change.

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By Robert Bradley. Director of Knowledge and Research, NDC Partnership; and Anne Hammill. Director, NAP Global Network (NAP-GN)

The past two years have seen a cavalcade of targets and plans aimed at putting human development on a more sustainable footing, but meeting human aspirations will mean conquering environmental challenges, above all climate change.

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Transportation contributes 23 percent of global energy-related greenhouse gas emissions, and 18 percent of all man-made economy-wide emissions, making transport sector decarbonization critical to slowing climate change.